36 Ekibin Road
Annerley, QLD 4103

This property offers a highly rare investment and development opportunity in Annerley's inner-city area, located just 5 kilometers from Brisbane's central business district. The site comprises an 814-square-meter landholding with two lots on a single title, situated in a sought-after Low-Medium Density Residential (LMR) zone. The location's zoning provides excellent flexibility for subdivision, townhouse or unit development, rooming accommodation (subject to council approval), or continued short-term rental use.

The land is flat and free of any flood overlays, and there are no demolition control restrictions, which allows for diverse development options. The property ownership is committed to auction with a firm intention to sell on or before the auction day scheduled for Saturday, 11 July 2026.

Currently, the property operates as a successful short-term accommodation investment, with rental performance indicating an estimated annual potential income of approximately $216,000. This includes potential short-term holding income of $18,000 monthly and a possible long-term student accommodation income of $11,600 per month.

Previously, development approval was granted for 6 three-bedroom units, although this approval has since lapsed. This demonstrates the development potential that the site holds, making it highly attractive for investors, developers, and land bankers aiming to capitalize on Brisbane's high-growth corridors.

The property includes two dwellings: a double-storey brick and tile main house and a separate Queenslander-style dwelling. The main house features an upper and lower level with a total of eight bedrooms, two bathrooms, and three toilets, complemented by a balcony on the upper floor. The Queenslander dwelling comprises three bedrooms, one bathroom, and one toilet. Together, the accommodation totals 11 bedrooms, 3 bathrooms, 4 toilets, and 3 kitchens, showcasing the property's scale and income potential.

Residents benefit from an unbeatable location in the heart of Annerley, with convenient access to public transportation, boutique cafes, supermarkets, and significant employment hubs. Nearby hospitals, including the Princess Alexandra, Greenslopes, and Mater Hospitals, add to the appeal, alongside the University of Queensland, which is easily accessible via the Eleanor Schonell Bridge.

This offering delivers an opportunity that combines immediate income, strong cash flow, and genuine development upside in a tightly held inner-city Brisbane market. It will attract developers looking for a new project, investors seeking strong returns, as well as strategic land bankers securing prime sites for long-term growth.

The property is further supported with architectural design advice, feasibility support, and planning guidance services available for prospective buyers, assisting with marketing and sales strategy for investors and developers once projects are ready to launch.

Disclaimer: Information provided is from sources considered reliable; however, no guarantee or warranty is offered. Interested parties should rely on their own inquiries and due diligence.